Why Hive is the best Blockchain.... DeFi.

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Hello everyone...

When we mention the word investment or finance, we usually think of banks, real estate, business, government bonds, loans, etc... In today's world, the words investment or finance can have many meanings but they are also words that in a way dominate our lives, since we all need money to live so we go to a bank, to a job, to invest, to be able to get this necessary money.

But one of the big problems we have is that the current financial system is unfair and corrupt, and one of the reasons is that everything is centralized. That is to say that only a few -whether institutions or individuals- are the ones who have the absolute control or power to do whatever they want with the economy or dictate who can enter or not.

And there are many examples of this control of power, but one of the most recent and prominent was what happened in Turkey, where the Turkish government froze more than 3 million bank accounts in a mortgage movement for government debtors to pay what they owed. Something unjust and arbitrary that violates people's rights.

Because there is a great need for finances in which nobody has control, the idea of DeFi was born, which is an abbreviation of Decentralized Finances, that is to say, where nobody has control, where there is no need for third parties, where everybody, no matter how little or how much they have, can enter, where any country in the world with an internet connection can invest avoiding blockades or economic embargoes to entire countries, and many other benefits. And that is why DeFi is so important today because it gives access to financial services to everyone equally.

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Now if we talk about specific examples of DeFi, well the truth is that there are currently hundreds of them in the crypto sphere, hundreds and hundreds of transparent, fair, and efficient financial products. But in this post, we are going to explore more specifically the DeFi that offers the best blockchain in the world, because, in addition to offering security, speed, and low or almost zero transaction fees, it has a very attractive defi system for any investor.

Make money without investment.



If you were to go to a bank and tell the manager that you wanted to earn $500 a month without making any kind of monetary investment, they would probably throw you out of the place. But if I told you that in Hive you can earn even more than $500 without making any kind of monetary investment, would you believe me? Although it is hard to believe, it is possible, thanks to Hive blockchain and its protocols. Because Hive has a system where you generate rewards for publishing Quality content, that if you add it all up at the end of the month can be very profitable, also in Hive you can find other second layer applications such as Leofinance, Proof of brain, where you can also generate more reward with your participation through publications or comments without making any monetary investment.

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HBD



Another way to generate profitability in Hive is with the HBD the stablecoin of this blockchain, which is a recent update a new function was added to Hive where all the HBD you keep stagnant in savings will give you an ROI of 10% per year. This means that if you invest $1000 and buy 1000 HBD and keep it locked in savings, in one year you will have $1100, something far superior to any bank interest plan.

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Curation



This is a very sought-after type of DeFi on Hive, as you can buy a certain amount of Hive, LEO, POB, and lock them in your wallet as HIVE POWER, LEO POWER, OR POB POWER and this will give you the necessary power to give votes to publications. And I say that it is the most sought after because it generates excellent profitability since the vote you give to someone is returned to you 50%, ie if you have enough power to give a vote of $ 5 in Hive, Leo finance, or POB, you get back $ 2.5 as a reward for curation. Of course, to be able to give big votes you need a lot of Hive, Leo, or POB, but as it is very profitable it is worth the investment.

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Hive Games



I talked about this topic in This Post where I mentioned which were the most popular hive Blockchain games, but I didn't mention how these games can be a DeFi since in each one you can generate a return depending on your investment.

The most popular of these games is Splinterlands, a collectible card game that if you look at it with an investor's eyes you can generate excellent profitability since you have different instruments to get good results. Either with the sale or rental of cards, the DEC earned the SPS in Stake or the sale of packs or lands of the game.

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Cub Finance



This is a very diversified financial tool that Hive offers and is based on the Binance Smart chain, in cub finance, there are Farms where you can Stake LP tokens (either CUB-BUSD LP or CUB-BNB LP) to earn CUB, there are also DENS where you Stake with the CUB earned and it generates more CUB and finally, there is my favorite, the Kingdoms an excellent financial tool that allows you to generate CUB and an auto compensation of the token you put in stake, for example, I did Stake of 0. 98 CAKE and daily gives me what corresponds to my investment in CAKE that auto-compensates to what is invested making it grow and also generates me at the same time CUB.

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NFT Showroom



Finally, we have one of the most interesting ways of DeFi from Hive and this one is part of a booming industry and that is the NFT, Hive also has a space where you can buy and sell your NFT, it is called NFT Showroom and I can say that it is the best place in all the blockchain to trade NFT because of its great features, because it is very cheap to mint an NFT because it only costs 5 HIVES, and the transaction speed are very high, also the excessive commissions do not exist and as it is a gallery still in the expansion it can allow you to grow as an artist and achieve great goals.

CONCLUSION


Hive blockchain offers many ways to DeFi, so many that I might have missed a few. But what I want to emphasize here and that is something that makes Hive the best place to invest is that it is fast, cheap and efficient, because you can simply generate excellent profitability. Also, you have many options, because if you do not have money to invest you can write quality blogs, but if your thing is to save money to see it grow then the HBD Stake works for you, but if what attracts you most of the blockchain are the games, then you have different kinds of fun and profitable games, but if you want to try something new and you have tokens to invest then Cub finance is for you, because you have multiple ways to invest your tokens and generate profitability.

So Hive has a lot to offer, different types of DeFi for everyone, and again efficiently and more cheaply than Ethereum, Binance, or Polygon, so why don't you give it a try, I'm sure you will be surprised by the results.

Posted Using LeoFinance Beta

Posted Using LeoFinance Beta



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12 comments
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YOu really hit the nail on the head.

Hive has a lot going for it. We will see more in the next 4 or 5 months.

I am excited about the HAF, SpkNetwork, and #ProjectBlank.

We get those out, this place will be hopping.

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Thank you very much to you for specifying, it feels good to receive such a comment from you, and yes we will look forward to more updates and improvements that take the Hive blockchain to the top.

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I recalled I mentioned that
a while back. This DEFI requires you
to continuously doing something and it is okay
to do so. This is the power of this blockchain.

!BEER

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Without a doubt, Hive is the best blockchain, people just need to notice it even more.

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Well i hear what you saying but there is the rule of the market is always right. So i personally think ethereum is trash. However, everyone stays on ethereum because ever since Vitalik went and got that $18 million in start up money and the ethereum crowd been getting all the vc money. It would seem they rather stay over there or some place else.

So maybe we all just got it wrong. Maybe it has nothing to do with how good a project is but just wherver vc's and institutions wanna put money. Even if it's flushing it down the toilet. Maybe we just think it's a good idea to follow the money. I mean its not like i never seen that before. Where people just wanna follow the money. So maybe it's our thinking that's wrong in this space. I don't know what else to tell you about that.

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Well, that's why Hive is perfect, because besides the money there is real development and passion here, of course the money also follows because no one does anything for free, but it is more the passion and commitment.

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I think hive has potentially a good community of people. However i don't think it really has the money for development. i mean hive like ranked nearly 200 ethereum ranked like number 2.. that's not even anywhere near close.

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